120 El Paso ST
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 28, 2026 | Listed by Bramlett Partners | $600,000 | |
| Listed by Bramlett Partners | |||
| Aug 13, 2026 | Price Decreased |
$600,000
↓ $30K
(4.8%) | |
| Price Decreased | |||
| Jul 22, 2026 | Listed by Bramlett Partners | $630,000 | |
| Listed by Bramlett Partners | |||
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Value is in the land. Build new in the heart of 78704!
Rare opportunity to secure a prime homesite in the sought-after Brinwood neighborhood, one of South Austin's most desirable and rapidly evolving areas. Situated on a generous lot on a quiet street with no through traffic, this property sits at approximately 620 feet in elevation, among the highest points in the area, offering the potential for panoramic Downtown Austin views from a thoughtfully designed multi-story custom home.
Surrounded by a blend of charming original homes, beautifully renovated residences, and exceptional new construction, this property presents an outstanding opportunity for builders, investors, or buyers looking to create a one-of-a-kind home in a premier location.
Enjoy an unbeatable lifestyle just a short walk from South Congress, with easy access to its renowned restaurants, boutiques, coffee shops, and entertainment. Downtown Austin, Lady Bird Lake, and The University of Texas are all just minutes away, making this one of the city's most desirable locations for both everyday living and long-term investment. Value is in the land. Existing structure is a teardown and is being sold as-is.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017